Much has been written about the ups and downs of financial markets, from the lure of prosperity to the despair of crises. Yet a more fundamental and pernicious source of uncertainty exists in today's world: the traditional “insurance” risks of earthquakes, storms, terrorist attacks, and other disasters. Insightfully exploring these "acts of God and man," Michael R. Powers guides readers through the methods available for identifying and measuring such risks, financing their consequences, and forecasting their future behavior within the limits of science. A distinctive characteristic of earthquakes, hurricanes, bombings, and other insurance risks is that they impact the values of stocks, bonds, commodities, and other market-based financial products, while remaining largely unaffected by or “aloof” from the behavior of markets. Quantifying such risks given limited data is difficult yet crucial for achieving the financing objectives of insurance. Powers begins with a discussion of how risk impacts our lives, health, and possessions and proceeds to introduce the statistical techniques necessary for analyzing these uncertainties. He then considers the experience of risk from the perspectives of both policyholders and insurance companies, and compares their respective responses. The risks inherent in the private insurance industry lead naturally to a discussion of the government's role as both market regulator and potential "insurer of last resort." Following a thoughtful and balanced analysis of these issues, Powers concludes with an interdisciplinary investigation into the nature of uncertainty, incorporating ideas from physics, philosophy, and game theory to assess science's limitations in predicting the ramifications of risk.

This new edition of Arnold Rhodes's The Mighty Acts of God is an essential tool for learning more about the Bible. The original volume, which has been well-loved as a guide for Bible study, has been carefully revised by W. Eugene March to incorporate the most up-to-date historical and theological research. From the beginnings of creation to final consummation and hope, readers will find the same easily readable quality as in the first edition along with helpful questions for either group or individual study.

The human race. You have to love it and wish it well and not preach or think you have any reason to think you are better than anyone else. Amen. Good-bye. Peace . . . Master short story writer Ellen Gilchrist, winner of the National Book Award, returns with her first story collection in over eight years. In Acts of God, she has crafted ten different scenarios in which people dealing with forces beyond their control somehow manage to survive, persevere, and triumph, even if it is only a triumph of the will. For Marie James, a teenager from Fayetteville, Arkansas, the future changes when she joins a group of friends in their effort to find survivors among the debris left when a tornado destroys a neighboring town. For Philipa, a woman blessed with beauty and love and a life without care, the decision she makes to take control of her fate is perhaps the easiest she has ever made. As she writes to Charles, her husband and lifetime partner, “Nothing is of value except to have lived well and to die without pain.” For Eli Naylor, left orphaned by a flood, there comes an understanding that sometimes out of tragedy can come the greatest good, as he finds a life and a future in a most unexpected place. In one way or another, all of these people are fighters and believers, survivors who find the strength to go on when faced with the truth of their mortality, and they are given vivid life in these stories, told with Ellen Gilchrist’s clear-eyed optimism and salty sense of humor. As a critic in the Washington Post wrote in reviewing one of the author’s earlier works, “To say that Ellen Gilchrist can write is to say that Placido Domingo can sing. All you have to do is listen."

It’s the summer of 2015, Brooklyn, and the city is sweltering from another record-breaking heat wave, this one accompanied by biblical rains. Edith, a recently retired legal librarian, and her identical twin sister, Kat, have discovered something ominous in their hall closet: it’s shaped like a mushroom, it’s phosphorescent, and it’s rapidly consuming their wall. But that’s only the beginning … Part suspense, part screwball comedy, Jill Ciment’s brilliant novel looks at what happens when our lives—so seemingly set and ordered—break down in the wake of calamity.

This revised edition features a new chapter analyzing the failed response to Hurricane Katrina. Steinberg argues that it is wrong to see natural disasters as random outbursts of nature or expressions of divine judgment. He reveals how business and government decisions have paved the way for the greater losses of life and property.

Originally published in 1984 Natural Disasters shows how misleading the term “natural disaster” can be. Forces of nature such as earthquakes, cyclones and extreme variations in weather can trigger disasters, but in many Third World countries it is environmental degradation, poverty and rapid population growth which turn a natural hazard into major disaster. This book questions whether the rich nations’ usual response to disaster – fast, short-lived emergency assistance – is any longer adequate. Today, most major disasters are “development” gone wrong, development which puts millions of poor people on the margins of existence. Disaster relief alone is like bandaging a rapidly growing wound. The appropriate response must include an element of true development – development which reduces rather than increases vulnerability to disasters.